XML 74 R2.htm IDEA: XBRL DOCUMENT v2.4.1.9
Consolidated Statements of Financial Condition (USD $)
Mar. 31, 2015
Dec. 31, 2014
ASSETS    
Cash and due from banks $ 14,004,000us-gaap_CashAndDueFromBanks $ 14,364,000us-gaap_CashAndDueFromBanks
Interest-bearing deposits 251,398,000us-gaap_InterestBearingDepositsInBanks 216,835,000us-gaap_InterestBearingDepositsInBanks
Total cash and cash equivalents 265,402,000us-gaap_CashAndCashEquivalentsAtCarryingValue 231,199,000us-gaap_CashAndCashEquivalentsAtCarryingValue
Time deposits in financial institutions 1,900,000us-gaap_TimeDepositsAtCarryingValue 1,900,000us-gaap_TimeDepositsAtCarryingValue
Securities available for sale, at fair value 393,586,000us-gaap_AvailableForSaleSecuritiesDebtSecurities 345,695,000us-gaap_AvailableForSaleSecuritiesDebtSecurities
Loans held for sale, carried at fair value 355,746,000us-gaap_LoansReceivableHeldForSaleNet 278,749,000us-gaap_LoansReceivableHeldForSaleNet
Loans held for sale, carried at lower of cost or fair value 885,196,000banc_LoansHeldforSaleCarriedatLowerofCostorFairValue 908,341,000banc_LoansHeldforSaleCarriedatLowerofCostorFairValue
Loans and leases receivable, net of allowance of $29,345 at March 31, 2015 and $29,480 at December 31, 2014 3,904,370,000us-gaap_LoansAndLeasesReceivableNetReportedAmount 3,919,642,000us-gaap_LoansAndLeasesReceivableNetReportedAmount
Federal Home Loan Bank and other bank stock, at cost 39,844,000banc_FederalHomeLoanBankStockandOtherBankStock 42,241,000banc_FederalHomeLoanBankStockandOtherBankStock
Servicing rights, net ($21,165 and $13,135 measured at fair value at March 31, 2015 and December 31, 2014, respectively) 21,829,000banc_ServicingAssetHeldforInvestment 13,619,000banc_ServicingAssetHeldforInvestment
Servicing rights held for sale, carried at fair value 0banc_ServicingAssetHeldForSale 5,947,000banc_ServicingAssetHeldForSale
Accrued interest receivable 14,970,000us-gaap_InterestReceivable 15,113,000us-gaap_InterestReceivable
Other real estate owned, net 498,000us-gaap_OtherRealEstateAndForeclosedAssets 423,000us-gaap_OtherRealEstateAndForeclosedAssets
Premises, equipment, and capital leases, net 78,285,000us-gaap_PropertyPlantAndEquipmentNet 78,685,000us-gaap_PropertyPlantAndEquipmentNet
Bank-owned life insurance 19,154,000us-gaap_BankOwnedLifeInsurance 19,095,000us-gaap_BankOwnedLifeInsurance
Goodwill 31,591,000us-gaap_Goodwill 31,591,000us-gaap_Goodwill
Affordable housing fund investment 4,577,000banc_AmortizationMethodQualifiedAffordableHousingProjectInvestments 4,737,000banc_AmortizationMethodQualifiedAffordableHousingProjectInvestments
Deferred income tax 14,157,000us-gaap_DeferredTaxAssetsLiabilitiesNet 16,373,000us-gaap_DeferredTaxAssetsLiabilitiesNet
Other intangible assets, net 23,708,000us-gaap_IntangibleAssetsNetExcludingGoodwill 25,252,000us-gaap_IntangibleAssetsNetExcludingGoodwill
Other assets 42,542,000us-gaap_OtherAssets 32,695,000us-gaap_OtherAssets
Total Assets 6,097,355,000us-gaap_Assets 5,971,297,000us-gaap_Assets
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Noninterest-bearing deposits 749,129,000us-gaap_NoninterestBearingDepositLiabilities 662,295,000us-gaap_NoninterestBearingDepositLiabilities
Interest-bearing deposits 4,112,863,000us-gaap_InterestBearingDepositLiabilities 4,009,536,000us-gaap_InterestBearingDepositLiabilities
Total deposits 4,861,992,000us-gaap_Deposits 4,671,831,000us-gaap_Deposits
Advances from Federal Home Loan Bank 545,000,000us-gaap_FederalHomeLoanBankAdvancesLongTerm 633,000,000us-gaap_FederalHomeLoanBankAdvancesLongTerm
Other borrowings 15,000,000us-gaap_LineOfCredit 0us-gaap_LineOfCredit
Notes payable, net 92,668,000us-gaap_NotesPayable 93,569,000us-gaap_NotesPayable
Reserve for loss on repurchased loans 8,432,000banc_ReserveForLossReimbursementsOnSoldLoans 8,303,000banc_ReserveForLossReimbursementsOnSoldLoans
Income taxes payable 4,488,000us-gaap_AccruedIncomeTaxes 56,000us-gaap_AccruedIncomeTaxes
Accrued expenses and other liabilities 55,615,000us-gaap_AccruedLiabilitiesAndOtherLiabilities 61,223,000us-gaap_AccruedLiabilitiesAndOtherLiabilities
Total liabilities 5,583,195,000us-gaap_Liabilities 5,467,982,000us-gaap_Liabilities
Commitments and contingent liabilities      
Additional paid-in capital 424,636,000us-gaap_AdditionalPaidInCapital 422,910,000us-gaap_AdditionalPaidInCapital
Retained earnings 36,880,000us-gaap_RetainedEarningsAccumulatedDeficit 29,589,000us-gaap_RetainedEarningsAccumulatedDeficit
Treasury stock, at cost (1,639,023 shares of common stock at March 31, 2015 and December 31, 2014) (29,798,000)us-gaap_TreasuryStockValue (29,798,000)us-gaap_TreasuryStockValue
Accumulated other comprehensive income, net 2,198,000us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax 373,000us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax
Total stockholders’ equity 514,160,000us-gaap_StockholdersEquity 503,315,000us-gaap_StockholdersEquity
Total liabilities and stockholders’ equity 6,097,355,000us-gaap_LiabilitiesAndStockholdersEquity 5,971,297,000us-gaap_LiabilitiesAndStockholdersEquity
Series A Preferred Stock    
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Preferred stock 31,934,000us-gaap_PreferredStockValue
/ us-gaap_StatementClassOfStockAxis
= us-gaap_SeriesAPreferredStockMember		 31,934,000us-gaap_PreferredStockValue
/ us-gaap_StatementClassOfStockAxis
= us-gaap_SeriesAPreferredStockMember
Series B Preferred Stock    
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Preferred stock 10,000,000us-gaap_PreferredStockValue
/ us-gaap_StatementClassOfStockAxis
= us-gaap_SeriesBPreferredStockMember		 10,000,000us-gaap_PreferredStockValue
/ us-gaap_StatementClassOfStockAxis
= us-gaap_SeriesBPreferredStockMember
Series C Preferred Stock    
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Preferred stock 37,943,000us-gaap_PreferredStockValue
/ us-gaap_StatementClassOfStockAxis
= us-gaap_SeriesCPreferredStockMember		 37,943,000us-gaap_PreferredStockValue
/ us-gaap_StatementClassOfStockAxis
= us-gaap_SeriesCPreferredStockMember
Class A Common Stock    
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Common stock 367,000us-gaap_CommonStockValue
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassAMember		 358,000us-gaap_CommonStockValue
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassAMember
Class B Common Stock    
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Common stock $ 0us-gaap_CommonStockValue
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassBMember		 $ 6,000us-gaap_CommonStockValue
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassBMember